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No outage in NY

Depositing with IB: If you have a Citibank checking account, use Citibank's online bill-payment method to write a check to IB. Using this method, my checks are deposited into my IB account usually within 3 business days. I know it's not next day or within the hour like a wire, but it's the...

Me too...been happening for at least 1.5-2 weeks now....

Actually, the rules state you cannot carry a BANNED object. You can carry anything you'd like, as long as it's not banned.

MSNBC and AP have already published photos shot from slightly different angles showing an empty hand (except for the whip). Photo was taken at nearly the same time as the photo trying to show 'something' in the hand. What a terrible way to try and tarnish a fantastic story. All it was was...

Don't forget MarketFeed. In my opinion, they are the best level I quote provider for QT....I tried StockWatch for about 1 day and cancelled. Datek is OK for a backup.... As for Level II, I use Datek...but I don't really need Level II for my trading style, which is why I don't feel a need to...

ShortNFool, Sorry if I misinterpreted your reply as an attack on my writing style. I will admit that my first reply to you was a bit on the inconprehensible side, which is probably why I took your reply to rtharp as being meant for me. In any event, how about we put away the horns for a...

WOW, you're right. Thank you Mr. ShortNFOOL for showing me the way and the light. What a gosh darn idiot I was there for a second, until you came along and pulled me out of the drink. In any event, I'll be sure to brush up on my writing style so you will have an easier time understanding...

His rationale for the trade HAS been outlined ad nauseam on this board. Go to this link....it explains it all: http://www.elitetrader.com/vb/showthread.php?s=&threadid=881&highlight=Pattern I think people have been trying to tell you this on this thread. I just thought I'd point you to...

Forget it...he's rolling!

I agree tradex....I think this is going to have a much greater impact then most would like to admit, although NOBODY can be certain exactly what kind of long term ramifications this new ruling will cause.... ==PA

Evidently not.... ==PA

Fohat, Thanks for the clarification once again. OK, now that THAT's out of the way, let's clarify this "3 in 5" rule that people can't seem to pin down. It seems that IB is interpreting this rule differently then I did when I first read the SEC's intentions. Anyone care to provide a...

ktm, Exactly. So the Patter Day Trader classification already exists (at least at Datek, and I suspect everywhere else RegT is in force). If this is the case, then all daytraders currently trading should already be classified as PDTs and thus will be screwed come August 28 whether or not...

The reason I bring all this up about PDT classification is because this has been on the Datek website for quite some time...Datek has been operating under these rules for lord knows how long....way before this new rule goes into effect later this month: ================================== Day...

Actually, I was trying to imply that all daytraders trading with IB should be/will be PDTs based on trading records.....not all traders with IB are daytraders. ==PA

Yes, smaller accounts CAN get margin ONLY if they are NOT tagged as pattern day traders. However, the classification of a pattern day trader ALREADY exists and has for quite some time, correct? It is not something unique to this new SEC ruling that goes into effect on 8/28 for NYSE and 9/28...

Either way, IB is trying to prevent their customers from being tagged as PDTs, when in reality, they already SHOULD BE!! And, if they already ARE tagged as PDTs as they should be, then they should automatically lose all margin ability if their accounts are under 25k on August 28. The ONLY...

Here's another wrinkle. Aren't all of us ALREADY tagged as PATTERN DAY TRADERS?? There is already a Daytrading Margin Call in the books, right? Therefore, we must all be already tagged as PDTs by our brokers. I know Datek does this and has been doing it for quite some time. Therefore, IB...